RBC Capital Reiterates Sector Perform on Mid-America Apartment, Maintains $136 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern has reiterated a 'Sector Perform' rating on Mid-America Apartment (MAA) and maintained a price target of $136.
February 09, 2024 | 4:34 pm
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NEUTRAL IMPACT
RBC Capital maintains a 'Sector Perform' rating on Mid-America Apartment with a $136 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the price target at $136 by RBC Capital suggests a neutral outlook on MAA's stock in the short term. This indicates that the analyst sees the company performing in line with the sector without significant positive or negative deviations. Therefore, the impact on the stock price is likely to be minimal in the short term, as the market has likely already priced in the analyst's expectations.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90